Call Today! to see if you qualify for a home loan. 919-321-1026

PAYMENT CALCULATOR

Use the following calculator to get a estimate of what your montly payments will be on a home loan. Then call your friendly MHRUS credit consular to help you determine how much home loan you can afford.

Loan Amount
Years
Interest
Annual Tax
Annual Insurance
Annual Warranty
Annual Lot Rent
   
 
Monthly Principal & Interest
Monthly Tax
Monthly Insurance
Monthly Warranty
Monthly Lot Rent
Total Payment

How To Us Calculator:

 

 

Insert values in the left hand column replacing defaults with values that pertain to your loan.

After inserting values click the Calculate Payment button. Change values in the left hand column as needed and click the Calculate Payment again to see new payment schedule.

 

Interest Info:

 

MHRUS Average Interest Rate is 12.75% but could go up or down based on your credit report.

Annual Tax:

 

 

 

Real Tax information will have to be obtained by the county tax office. The following estimates can be used for North Carolina.

  • Single Wide = $333.00
  • DBL Wide = $433.00

Annual Insurance:

 

 

 

This cost below is an average insurance premium per year (which can be paid monthly) for replacement value of the home; and depending on your insurance agency, a portion of your belongings will be covered.

  • Single Wide = $450.00 / year
  • DBL Wide = $550.00 / year

Annual warranty:

 

 

There are two prices for warranties:

  • Basic = $409.00 / year
  • Deluxe = $459.00 / year
  • Warranties can be financed monthly

See Warranty information by clicking here.

Annual Lot Rent:

Insert the amount of the annual lot rent or mortage payment on the land for the year.

 

 


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See What People are Saying about MHRUS more info»

"I am extremely grateful that you two have afforded me the opportunity to reach the dream of owning my own home!" N.M. Franklinton,NC

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